Free BA2 Exam Braindumps (page: 8)

Page 8 of 99

If the fixed costs are increased, the point at which the line plotted on a profit/volume (PV) graph cuts the horizontal axis will:

  1. Double
  2. Move to the left
  3. Stay the same
  4. Move to the right

Answer(s): D



Which one of the following is a characteristic of strategic financial information?

  1. Detailed and accurate
  2. Provided mainly to junior managers
  3. Provided daily to keep managers informed
  4. Provides information for long term decision making

Answer(s): D



In the process account, the accounting treatment of the value of the abnormal loss is:

  1. Credit Process account Debit Abnormal Loss account
  2. Debit Process account Credit Abnormal Loss account
  3. Credit Process account Debit Normal Loss account
  4. Debit Process account Credit Normal Loss account

Answer(s): A



A company can increase its margin of safety by which of the following independent actions?

(a) Increasing sales and production

(b) Raising the selling price per unit

(c) Raising the variable cost per unit

(d) Lowering fixed costs

  1. (a) and (b) only
  2. (a), (b) and (c) only
  3. (a), (b) and (d) only
  4. (a), (c) and (d) only

Answer(s): C



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@MaBlerh commented on June 02, 2024
Good exam simulation questions
Anonymous
upvote